HC Deb 12 February 2002 vol 380 c249W
Matthew Taylor

To ask the Chancellor of the Exchequer, pursuant to his answer of 4 February 2002,Official Report, column 705W, on reputational externalities, if he will state the reasoning underlying the statements concerning reputational externalities made to the National Audit Office reported on in footnote 10 and paragraphs 44–45 of HC54 of Session 2000–01 'The financial analysis of the London Underground Public Private Partnerships'; and if he will make a statement. [34887]

Mr. Andrew Smith

I presume the hon. Member is referring to footnote 8 in the said document. The comments contained in the NAO report are self-explanatory. The hon. Member will find details of the financial analysis behind the value for money appraisal of the London Underground PPP in the final assessment report produced by London Underground.